Steel Dividend
Dividend criteria checks 3/6
Steel is a dividend paying company with a current yield of 17.39%.
Key information
17.4%
Dividend yield
-98%
Payout ratio
Industry average yield | 7.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -฿0.09 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: THE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: THE has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
Steel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (THE) | 17.4% |
Market Bottom 25% (TH) | 2.2% |
Market Top 25% (TH) | 6.0% |
Industry Average (Trade Distributors) | 7.2% |
Analyst forecast in 3 Years (THE) | n/a |
Notable Dividend: THE's dividend (17.39%) is higher than the bottom 25% of dividend payers in the TH market (2.18%).
High Dividend: THE's dividend (17.39%) is in the top 25% of dividend payers in the TH market (5.97%)
Earnings Payout to Shareholders
Earnings Coverage: THE is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.1%), THE's dividend payments are well covered by cash flows.